Damai LRT: What 83 Listings Say About Punggol's East Loop
Updated 2026-10-07
Damai (PE7) serves one of the older, settled pockets of Punggol new town, and the stock around it is public housing without exception. All 83 listings on Hombble are HDB flats, averaging S$701,535 for 1,003 sqft, or S$769 per square foot. That is above the Punggol town average on a per-square-foot basis, and the reasons are worth understanding before you buy or price a sale.
What is it like to live near Damai LRT?
Damai is an elevated station at 40 Punggol Drive, near the junction with Punggol Road, sitting in the part of Punggol that was built out first rather than the newer waterfront precincts. The name means peaceful in Malay, and the catchment is residential in character: Hombble currently lists 83 homes here, every one of them an HDB flat, with no private condominium or landed stock in the mix.
The two exits split the neighbourhood neatly. Exit A on the eastbound side of Punggol Drive leads to Oasis Primary School, My Waterway @ Punggol and the Waterway Brooks and Waterway Banks blocks. Exit B on the westbound side leads to Punggol Secondary School, Treelodge @ Punggol, Damai Grove, Punggol Lodge, Punggol Spring and Punggol Vista.
Treelodge @ Punggol is the landmark project of the group. Completed in December 2010, it was Singapore's first experimental eco-friendly public housing precinct, with 712 premium flats across seven 16-storey blocks and a Green Mark Platinum award. Flats of that vintage have roughly 83 years of lease remaining, which places this catchment in a comfortable middle: not brand new, not yet near the lease decay that worries valuers.
How do you get to town from Damai LRT?
Every journey starts with one LRT ride to Punggol interchange, where you pick up the North East Line into the city. Damai is served by both East Loop services, the outer loop via Oasis and the inner loop running the other way, so you have a choice of direction depending on which is quicker at the time. Bus routes 50, 666 and 683 also stop at the station.
Damai opened on 20 June 2011 as the last station on the Punggol LRT East Loop to come into service, so the surrounding blocks were occupied before the rail link was. Two newer changes matter. The North East Line was extended one stop north to Punggol Coast on 10 December 2024, which puts the Punggol Digital District within two rail stops of Damai. The Cross Island Line Punggol Extension, a 7.3km line with four stations at Punggol, Riviera, Elias and Pasir Ris, is targeted for completion in 2032 and is expected to cut the Punggol to Pasir Ris trip to around 15 minutes against a 40-minute bus ride today.
The honest trade-off is the single point of dependence. Everything funnels through Punggol interchange, and residents here feel LRT disruptions more than people who live within walking distance of a heavy rail station.
How much do flats near Damai cost?
Average asking price across the 83 Hombble listings is S$701,535, for an average floor area of 1,003 sqft, which works out to S$769 per square foot. The average size points to a catchment dominated by four and five-room flats rather than smaller units.
For context, Punggol town as a whole averaged S$682,938 and S$713 per square foot in September 2026. So asking prices around Damai sit roughly 8 per cent above the town average per square foot. Two things explain most of that: these are mature, fully amenitised neighbourhoods rather than new precincts still waiting for shops, and a number of the blocks are premium or eco-precinct projects.
Treat those figures as asking prices, not transacted ones. The wider market is softening slightly. HDB's flash estimate put the Q3 2026 Resale Price Index at 202.4, down 0.2 per cent on the quarter and the third consecutive quarterly fall, even as volume held firm at 7,528 transactions. Million-dollar flats remain unusual in Punggol, though a five-room unit at 306D Punggol Drive set an estate record at S$1.47 million, about S$929 per square foot.
Amenities and schools within walking distance
Oasis Terraces, one LRT stop away, is the main day-to-day anchor. It opened progressively from 15 June 2018 and officially in February 2019, with around 193,750 sqft of retail across five storeys, a community plaza, a rooftop garden and Punggol Polyclinic, which had already opened in November 2017. Waterway Point at Punggol interchange handles larger shopping trips, and Punggol Coast Mall opened in March 2025 with more than 120 outlets beside the Singapore Institute of Technology campus.
Oasis Primary School and Punggol Secondary School are both directly at the station exits, which is unusually convenient for families and a genuine selling point for sellers to lead on. Punggol Regional Sports Centre, on Sentul Crescent beside Punggol Waterway, is due to open in 2026 with five swimming pools, an indoor hall holding 20 badminton courts, a 5,000-seat football stadium and an archery training centre.
Outlook for buyers and sellers
The strongest medium-term argument for this catchment is employment. Punggol Digital District covers 50 hectares and is expected to support at least 28,000 jobs when fully developed, across cybersecurity, artificial intelligence, fintech and robotics, with tenants moving in from 2025. Jobs that close mean a shorter commute for owner-occupiers and a deeper tenant pool for landlords.
For buyers, the pitch here is a settled HDB neighbourhood with schools and a polyclinic already in place, bought at a modest premium to the Punggol average, with the Cross Island Line arriving in 2032. For sellers, the leverage is scarcity of comparable stock: with only 83 homes listed and no private competition, your flat is being compared against a short list. Price against recent transacted figures rather than asking prices, because the index has eased for three quarters running and buyers in this market check.